Revise list of approved financial firms for city investments

Investment Broker ListContracts<UNKNOWN>Resolution

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Resolution Resolution No. 101-20

In Plain English

The city maintains a list of approved broker/dealers who can offer investment options for city funds. State law requires cities to only work with pre-approved firms when investing taxpayer money. The revision updates which financial companies can pitch investment products to the city.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

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Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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